Measurable financial metrics, such as money generated or costs avoided as a result of the project's decision, are part of a cost-benefit analysis.
According to the cost-benefit concept, users should not pay more for financial information in financial statements than is necessary to provide that information.
According to the cost-benefit principle, all options should be considered before making a decision. Opportunity costs are one.
Measurable financial metrics, such as money generated or costs avoided as a result of the project's decision, are part of a cost-benefit analysis.
To assess the viability of cash flows from an asset or project, use the benefit-cost ratio. The risk-return profile of the project is more appealing the higher the ratio. A defective benefit-cost ratio would be the result of inadequate cash flow forecasts or an inappropriate discount rate.
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Using the following information:
1. The bank statement balance is $2,762.
2. The cash account balance is $3,113. 3. Outstanding checks amounted to $724. 4. Deposits in transit are $884. 5. The bank service charge is $182
6. a check for $40 supplies was recorded as $31 in the ledger.
prepare a bank reconciliation for miller co. for august 31
Miller co.
Bank Reconciliation
August 31
Cash balance according to bank statement
Adjusted balance
Cash balance according to company's records
Adjusted balance
Adjusted balance according to bank statement is $2,922 and adjusted balance according to company's records is $2,940
Let's prepare a bank reconciliation for Miller Co. for August 31 using the provided information.
Miller Co.
Bank Reconciliation
August 31
Step 1: Start with the bank statement balance.
Cash balance according to bank statement: $2,762
Step 2: Add deposits in transit.
Adjusted balance: $2,762 + $884 = $3,646
Step 3: Subtract outstanding checks.
Adjusted balance: $3,646 - $724 = $2,922
Step 4: Start with the cash account balance.
Cash balance according to company's records: $3,113
Step 5: Add or subtract any errors in the ledger.
In this case, a check for $40 supplies was recorded as $31, so we need to correct this error by adding the difference ($9) to the cash account balance.
Adjusted balance: $3,113 + $9 = $3,122
Step 6: Subtract the bank service charge.
Adjusted balance: $3,122 - $182 = $2,940
Now, let's compare the adjusted balances:
Adjusted balance according to bank statement: $2,922
Adjusted balance according to company's records: $2,940
In this case, the adjusted balances do not match. It is important to review the bank reconciliation and look for any errors or discrepancies that may have occurred to find the cause of this difference.
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Items that regularly appear on the financial statements of Maple Park Theatres Corp. The amounts shown for balance sheet items are balances as of September 30,2016
Answer:
Financial Statements are the reports of a company which provide detailed information about company financial position. The Income statement reports the company revenues and expense for the period whereas Balance sheet reports the company assets and liabilities position.
Explanation:
The Maple Park Theaters Corp. has reported the net of $133,562 in its income statement. The company has planned for reinvesting the 80% of net income into the extension of park. The reinvestment decision is taken by the company management for the purpose of increase revenue. The decision seems to be correct as extension of park and its services will attract more people to the park and ultimately revenue will increase and so profit too.
Tyler's net income is approximately $40,000 annually. He has borrowed
$400,000 from the bank to buy a house (mortgage) and must pay 3% interest
each year. What is the cost of borrowing the money?*
Answer:
$400000 is the correct answer
Can debit collectors call you anytime and what hours are they able to call you on the phone ? please help :) i’ll give brainlest
No, they can't
They can't call you before 8 am
and they also can't call you after 9 pm
Most businesses use __________ networks.
wired
wireless
Answer: wired
Explanation:
wired is the cheapest
Given the 2020 recession, what should be the goal of monetary policy? Should the Fed enact expansionary or contractionary policy? In other words, should the Fed increase the money supply/credit supply or decrease the money/credit supply. Explain what they might do to achieve their goal.
Answer:
Expansionary monetary policies
Explanation:
A recession is characterized by reduced economic activities, a high unemployment rate, and low business incomes. The economy experiences a reduced demand for products and services, leading to low production and a slow economic growth rate.
In a recession like in 2020, the Fed should employ measures that will stimulate economic growth. The appropriate measures are the expansionary monetary policies. These policies seek to increase liquidity in the market, thereby increasing the aggregate demand. Expansionary monetary policies increase the money supply in the economy; they include a reduction in the reserve requirement, reduction in the discount rate, and open market purchases.
how to convert ration 13:25 into fraction,decimal and percentage pleas help and with full solving and explanation
Answer:
13/250.5252%Explanation:
13:25 is just a fraction (13/25)
13:25= 0.52 (decimal)
So when you divide 13 by 25, you get 0.52. To make that into a percentage, you just multiply it by 100 (move the decimal over 2 places to the left). That gives you 52%
Why very few subsistence economies exist today
Answer:
As previously mentioned,
subsistence markets are
extremely vulnerable to
external influences.
Because of this
vulnerability, these economies are
becoming more scarce around the
world. In the past, for example, large
populations of indigenous peoples lived
throughout North America.
i will be your bsf (10pts)
anyone in a company who influences the behavior of other employees is acting as a ___.
A. executive
B. supervisor
C. leader
D. manager
A P E X
Answer:
I think it's c. leader or d. manager but I really it's the d. manager
Answer:
b. leader
Explanation:
how companies collude in South Africa
Collusion among companies in South Africa is an illicit practice of working together, often in secret, to increase their profits at the expense of consumers. Collusion typically takes the form of price fixing, where businesses agree to set prices at an artificially high level, or bid rigging, where companies agree to submit inflated bids for contracts.
Companies can collude in various ways in South Africa. First, firms can engage in cartel agreements, where they agree on pricing and output. This results in reduced competition and higher prices. Second, firms can engage in bid rigging, where they collude to manipulate the tendering process. This results in inflated contract prices and reduced competition. Third, firms can engage in market sharing, where they agree to divide up the market among themselves. This results in reduced competition, increased prices, and less choice for consumers.
Collusion is illegal in South Africa under the Competition Act 89 of 1998. The Act aims to promote competition in the South African market and prevent anti-competitive behavior. Companies that are found guilty of collusion can face hefty fines and legal action. Additionally, individuals who are found guilty of collusion can be imprisoned for up to 10 years.
In conclusion, collusion among companies in South Africa is a serious problem that reduces competition and harms consumers. It is important for companies to compete fairly and abide by the Competition Act to ensure a level playing field for all businesses and a fair deal for consumers.
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you have accepted a loan in the amount of $15,000 for your new car. you have agreed to pay the loan back in four years. what is your monthly payment if you agree to pay an interest rate of 9% compounding monthly? solve this problem for i
Your monthly payment on the loan for the new car, given the interest rate, and the compounding period is $ 373. 28
How to find the monthly payment ?The monthly payment will be an annuity because it is constant and periodic.
The interest rate on this payment needs to be converted to a monthly figure as :
= 9 % / 12
= 0. 75 %
The number of periods is :
= 4 years x 12 months per year
= 48 months
The monthly payment is :
= Loan amount / Present value interest factor of annuity, 48 periods, 0.75%
= 15, 000 / 40.18478188518
= $ 373. 28
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On January 1, Five Star Services has the following balances: Accounts Receivable $25,000 (debit) Bad Debts Expense 50 Five Star Services has the following transactions during January: Credit sales of $140,000, collections of credit sales of $90,000, and write-offs of $16,000. Five Star Services uses the direct write-off method. At the end of January, the balance of Accounts Receivable is A) $10,286 B) $59,000 C) $24,889 D) $75,000
According to the question, the balance of Accounts Receivable is $ 59,000.
Customers' outstanding balances for goods or services for which an invoice has been issued are known as accounts receivable.
On the balance sheet, current assets are shown as the total amount of all accounts receivable, which includes bills from clients for goods or services provided to them on credit.
As an asset that adds value to your business, accounts receivable are categorized as such.
Compute the accounts receivable as follows:
Particulars Amount
Opening balance $25,000
Add: Credit Sales $140,000
Less: collection from debtors -$90,000
Less: bad debts are written off -$16,000
The closing balance of sundry debtors $59,000
Therefore, the correct option is (B).
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ikram thinks that his net profit next year will be higher if he increases prices to $6 per customer. Do you agree? Justify your answer
Answer:
Explanation:
To determine if increasing the price to $6 per customer will lead to higher net profits next year, Ikram needs to consider both the demand for his product and the costs associated with producing it.If demand for his product is inelastic (meaning customers are willing to pay a higher price for it regardless of the price increase), then increasing the price to $6 per customer may lead to higher net profits. However, if demand is elastic (meaning customers are more price-sensitive and may switch to a competitor if prices increase), then increasing the price could actually result in lower net profits.Ikram also needs to consider his costs. If the cost of producing the product remains the same or decreases, then the increase in price could lead to higher net profits. However, if the cost of production increases, then the increase in price may not offset the increase in costs and could result in lower net profits.Therefore, without knowing the specifics of Ikram's product, its demand, and its costs, it is difficult to say whether increasing the price to $6 per customer will lead to higher net profits. Ikram should conduct a cost-benefit analysis to determine the optimal price that will maximize his net profits.
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Heston Company has the following information for the current year: [Beginning fixed manufacturing overhead in inventory $190,000; Fixed manufacturing overhead in production $750,000; Ending fixed manufacturing overhead in inventory $50,000 [Beginning variable manufacturing overhead in inventory $20,000: Variable manufacturing overhead in production $100,000; Ending variable manufacturing overhead in inventory $30,000). What is the difference between operating incomes under absorption costing and variable costing? A. $140,000 B. $80,000 C. $10,000 D. $100,000
Variable costing and absorption costing are two different costing systems used to calculate product cost. The difference between operating incomes under absorption costing and variable costing is $10,000. The correct option is option C.
These methods differ in how they handle fixed manufacturing overhead costs, which are expenses that do not change with the level of production.
The fixed manufacturing overhead costs of a product are not treated as expenses when using variable costing, but they are included in the cost of a product when using absorption costing.
Variable costing and absorption costing both include variable manufacturing overhead costs and direct materials and direct labor costs. Variable costing is used to calculate the cost of producing a single product, while absorption costing is used to calculate the cost of all products made by the company.
Variable costing is commonly used for internal reporting, while absorption costing is used for external reporting and for preparing financial statements.
Therefore, the difference between operating incomes under absorption costing and variable costing is $100,000.
The computation of the difference between operating incomes is as follows:
Operating income under Absorption costing = $1,000,000 – ($1,060,000 + $190,000 – $50,000) = $800,000
Operating income under Variable costing = $1,000,000 – ($1,060,000 – $20,000 + $100,000 – $30,000) = $900,000
Therefore, the difference between operating incomes under absorption costing and variable costing is $900,000 - $800,000 = $100,000.
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According to the concept of the invisible hand, what emerges due to the self-interested
choices of buyers and sellers in a free market?
Answer: The invisible hand is a metaphor for how, in a free market economy, self-interested individuals can promote the general benefit of society at large.
When there are many people seeking the same job, this is known as a _____ of workers.
PLS DONT GUSSSS!!!!!!!!!
consumer
demand
projection
surplus
Answer:
surplus
Explanation: A surplus is a group of people searching for the same job.
Answer:
surplus
Explanation:
Which of the following statements is CORRECT?
a. If a bond is selling at a premium, this implies that the bond's yield to maturity exceeds its coupon rate.
b. If a coupon bond is selling at par, its current yield equals its yield to maturity.
c. If rates fall after its issue, a zero-coupon bond could trade for an amount above its par value.
d. If rates fall rapidly, a zero-coupon bond's expected capital gains yield could become negative.
e. If a firm is in financial distress, its bonds' yield to maturity is likely to fall.
The correct statement is: if a coupon is selling at par, its current yield equals its yield to maturity.
A coupon is a ticket or document that may be used in marketing to obtain a financial discount or refund when making a purchase of a good.
To be utilized in retail outlets as part of sales campaigns, coupons are often distributed by merchants or by makers of consumer packaged products. They are frequently extensively disseminated by mail, coupon envelopes, periodicals, newspapers, the Internet (social media, email newsletter), from the merchant directly, and mobile devices like cell phones.
The United States Department of Agriculture believes that four out of every five families utilize coupons, according to the New York Times, which stated that "more than 900 manufacturers' coupons were given" to every family. Only "approximately 4%" of the supplied coupons were used.
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why is maximum number of person in partnership business mentioned in companies act and not in partnership act
The Companies Act and the Partnership Act are two different laws that govern different types of businesses.
The companies act and partnership act-The Companies Act governs companies, which are separate legal entities from their owners, while the Partnership Act governs partnerships, which are not separate legal entities from their owners.
The maximum number of persons in a partnership business is not mentioned in the Partnership Act because there is no limit to the number of partners a partnership can have. However, the Companies Act limits the number of members in certain types of companies, such as private companies, to a maximum of 200 members. This is because companies are separate legal entities and the law seeks to regulate their operations to ensure that they operate in a manner that is fair and transparent to all members.
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______ is the change in total utility that results from the consumption of one more unit of a product.
marginal utility is the change in total utility that results from the consumption of one more unit of a product.
The pleasure a consumer experience from each additional unit of consumption is known as marginal utility. It determines the utility after the initial product is consumed. The marginal utility is the benefit you receive from buying a second bottle of water after first purchasing one.
The general rule in economics is that marginal utility equals total utility change divided by the change in the number of goods. The equation looks like this: Total utility difference divided by the amount of commodities difference equals marginal utility.
The following is a list of the several types of marginal utility: marginal utility is positive. marginal utility 0 marginal utility that is negative.
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Which best description of joint tenancy is best? Two or more people own a property equally or two or more people in the same family own a property equally
Answer:
Two or more people own a property equally
Explanation:
This persons who equally own a property may not necessarily be a family member, and the property may be a business, brokerage accounts or a real estate (a single home).
In most cases however, this Joint tenancy is made between married couples, wherein both parties equally own a property and share in the responsibilities of that property. Ownership is transferred to the other remaining members of the agreement automatically if one party dies.
The best description that can denote joint tenancy that two or more people own a property equally. So, the correct option that matches the above statement is A.
Joint tenancy refers to the condition where at least two people jointly hold, acquire or possess the benefits of a property under their name in proportion as may be determined.
The joint ownership is a condition where at least two people are required to make contracts of owning, buying, renting, leasing or selling such property in an equal proportion.The ratio of ownership in case of a joint ownership of a property where the benefits are shared equally is 1:1. One partner will share the benefits and bear losses equally in proportion of the other owners.There exists a relationship of vicarious liability in case of a joint tenancy which refers that one partner will be liable for the acts of the other partner(s).Hence, the correct option is A that the best example of a joint tenancy is when two or more people own a property equally.
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Mrs. Cook carries limits of liability of $100,00/$300,000/$50,000 on her personal automobile policy. After an accident, Mrs. Cook's insurer paid $80,000 in bodily injury damages and her defense costs were $40,000. What amount did the insurer pay as a result of this accident?
Answer: $120,000
Explanation:
Based on the information given, the amount that the insurer will pay as a result of this accident will be gotten by adding the amount of bodily injury damages and the defense costs. This will be:
= $80000 + $40000
= $120,000
Therefore, the insurer will pay $120,000.
What is everyone planning to do this summer?
Answer:
read, relax, try to sleep in as long as I want, work out, and eat lol
have a good day :)
Explanation:
your small business has a product that people love and a website that has been linked to by other sites. which factor do these links represent when a search engine is evaluating your site?
When a search engine is evaluating your site, the links from other websites represent a factor known as "backlinks" or "inbound links."
Backlinks are an important aspect of search engine optimization (SEO) and play a significant role in determining the visibility and authority of a website in search engine rankings. Here is a step-by-step explanation of the significance of these links:
1. Authority and credibility: When other reputable websites link to your site, search engines consider these links as votes of confidence or endorsements. The more high-quality backlinks you have, the more authority and credibility your website is perceived to have in the eyes of search engines.
2. Popularity and visibility: Backlinks contribute to the popularity and visibility of your website. Search engines view websites with a higher number of backlinks as more popular and relevant, resulting in better chances of appearing in search results for relevant queries.
3. Traffic generation: Backlinks can drive referral traffic to your website. When users click on a backlink from another site, they are directed to your site, increasing the potential for new visitors and potential customers. The more backlinks you have from relevant and authoritative sources, the higher the potential for increased traffic to your site.
4. Improved indexing and crawling: Search engines use links to discover and index new web pages. When other websites link to your site, it facilitates the crawling process, allowing search engines to find and index your content more efficiently.
5. Anchor text relevance: Backlinks often use anchor text, which is the clickable text within a hyperlink. When the anchor text is relevant to the content on your website, it helps search engines understand the context and topic of your site, potentially improving its visibility for related search queries.
6. Natural link building: Search engines value natural link building, where backlinks are acquired organically due to the quality and relevance of your content. It is important to focus on creating valuable, shareable content that naturally attracts links from other sites, rather than engaging in manipulative or spammy link-building practices.
In summary, the links from other websites represent backlinks, which are a crucial factor in search engine evaluation. Backlinks contribute to the authority, visibility, traffic, and indexing of your website, ultimately impacting its rankings in search engine results pages.
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_____ allows industries, organizations, and companies to approach business decisions from different perspectives. Arbitration Ergonomics Tolerance Workforce diversity
Answer:
Workforce diversity
Explanation:
Workforce diversity refers to similarities and differences between employers and employees in terms of their race, religion, gender, perspectives and opinions.
Diversity is important for every industry, organization, and company since people have different perspective and views, they approach business problems differently, leading to different solutions. Diversity leads to increase profits, creativity, wide range of skills e.t.c.
Starla corporation is a specialty component manufacturer with idle capacity. Management would like to use its extra capacity to generate additional profits. A potential customer has offered to buy 4,200 units of component jolt. Each unit of jolt requires 6 units of material ox8 and 9 units of material pow6. Data concerning these two materials follow:
To determine the potential additional profits that Starla Corporation can generate by using its idle capacity to produce component jolt for the potential customer, we need to calculate the cost of producing 4,200 units of component jolt and compare it with the price offered by the customer.
The cost of producing component jolt includes the cost of material ox8 and material pow6. The cost of material ox8 is $0.70 per unit and the cost of material pow6 is $0.30 per unit. Each unit of component jolt requires 6 units of material ox8 and 9 units of material pow6. Therefore, the cost of producing one unit of component jolt is:
Cost of material ox8 = 6 units x $0.70 per unit = $4.20
Cost of material pow6 = 9 units x $0.30 per unit = $2.70
Total cost of producing one unit of component jolt = $4.20 + $2.70 = $6.90
The cost of producing 4,200 units of component jolt is:
Total cost of producing 4,200 units of component jolt = 4,200 units x $6.90 per unit = $28,980
If the price offered by the customer is higher than the total cost of producing 4,200 units of component jolt, Starla Corporation can generate additional profits by using its idle capacity to produce component jolt for the potential customer.
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Which phrase best completes the diagram?
?
A person's credit score
gets worse.
O A. A person spends part of a credit card's credit limit.
B. A person files for bankruptcy to remove debts.
C. A person uses his or her savings to buy a new car.
D. A person pays the full balance of a credit card.
The best option for what reduces a person's credit score is B. A person files for bankruptcy to remove debts.
There are several things that can reduce a person's credit score such as:
Filing for bankruptcy to get debts wiped away Defaulting on debt Failing to pay debt interest on timeWhen a person uses bankruptcy to get rid of debt, they have essentially defaulted on their debt and so they will lose credit score points as a result.
In conclusion, filing bankruptcy causes a person's credit score to fall.
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Answer: a person files bankruptcy to remove debts
Explanation:
got it right
if the load requirements of a single-phase installation are greater than the serving agency normally supplies through one service, ____ are permitted.
If the load requirements of a single-phase installation are greater than what the serving agency typically provides through a single service, additional services or arrangements may be permitted.
This allows the installation to receive a higher capacity of electrical power to meet its demands.
In situations where the load requirements exceed the capacity of a single-phase service, the serving agency may allow the installation to have multiple services. This could involve the installation of additional electrical service entrances or connections to provide the necessary power. By allowing multiple services, the serving agency ensures that the installation has the capacity it needs to operate effectively without overloading the existing infrastructure. This arrangement helps to meet the higher load demands of the installation and maintain a reliable and stable power supply
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Termites have a protozoan symbiote in their gut that breaks down the cellulose in wood, allowing the termite to obtain nutrients from the wood while the protozoan is protected from the external environment. Therefore, the termite and the protozoan are:______________
The termite and the protozoan are Inseparable.
What is protozoan?
Single-celled organisms are called protozoa. They appear in a wide variety of sizes and shapes, ranging from the flexible amoeba to the fixed-shaped, intricately arranged unicellular organism.
Therefore,
Termites have a protozoan symbiote in their gut that breaks down the cellulose in wood, allowing the termite to obtain nutrients from the wood while the protozoan is protected from the external environment. Therefore, the termite and the protozoan are Inseparable.
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Question 6 of 10
3 Points
A body of the letter is composed of the:
Answer:
Introduction
The body of the letter is usually divided into the three paragraphs (one is the introduction, then supporting details, then conclusion of topic).